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election and iphone 5. and while the most searched person of the year was kim kardashian, this is according to yahoo! search engine, kate middleton and political polls also made the top ten list. so here is a simple question for you today. what dunk were the most interesting stories this year or the most interesting story, the election, the owe almost picks, the ongoing saga in greece. let us thouknow. worldwide at cnkrchlt nbcnbc.co. >>> starbucks is changing the way it pays taxes in the uk this after harsh criticism of tax avoidance from the british government. more when we come back. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> words of caution from the bank of japan chief at forum in tokyo. the governor said central bankers need to take a long term policy perspective if they want sustainable gr
election and iphone 5. and while the most searched person of the year was kim kardashian, this is according to yahoo! search engine, kate middleton and political polls also made the top ten list. so here is a simple question for you today. what dunk were the most interesting stories this year or the most interesting story, the election, the owe almost picks, the ongoing saga in greece. let us thouknow. worldwide at cnkrchlt nbcnbc.co. >>> starbucks is changing the way it pays taxes in...
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Dec 7, 2012
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they were set to go forward with some primaries which is what the center left did to elect their candidate. and now that berlusconi has abruptly announced that he's going back, that tells you there is a lot of tension. he's trying to define the support, enough support in order to have some say in parliament even after the elections. an apparently he probably was not able to get that within his own party. as far as the situation overall is concerned, we did see the spread go higher and there are concerns. the minute you touch this jittery topic of the politics here in italy, the market gets very, very concerned. so what has come out officially by the president of italy is that he's officially not calling a consultation for monti at this point. his statement last night was that he wants parliament to act responsibly and sensibly. so right now he's just making this warning. so so at this point, there is not a crisis in the government, but the pdl dismantling the party and creating tension. >> claudia, who at the moment is -- which of parties would get the most seats in terms of polls and stuf
they were set to go forward with some primaries which is what the center left did to elect their candidate. and now that berlusconi has abruptly announced that he's going back, that tells you there is a lot of tension. he's trying to define the support, enough support in order to have some say in parliament even after the elections. an apparently he probably was not able to get that within his own party. as far as the situation overall is concerned, we did see the spread go higher and there are...
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Dec 10, 2012
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we thought it would be weak during an election year. there's a whole body of academic evidence that public policy certainly does impair it. but we were stunned as early as the first quarter of this year to see the tech sector, ibm, talking about flat revenue growth in the u.s., and there we think there's a level of cap-ex that has just been foregone because of this public policy uncertainty that, even in a semistable environment, it should rebound a bit. and that could be a big driver for profit growth in '14. >> you point out that your sector positioning, you say it's cautious, but you are upping technology to overweight. underweighting domestic cyclical. if cap-ex is a phenomenon next year why would you not be more highly leveraged to that? >> well, we think that first of all, the numbers, and the valuations, look fully played out. we think they still have housing market euphoria. and, have looked at things like consumer confidence going up, at least until friday, as a result of house prices stabilizing. for us, that's the reason why
we thought it would be weak during an election year. there's a whole body of academic evidence that public policy certainly does impair it. but we were stunned as early as the first quarter of this year to see the tech sector, ibm, talking about flat revenue growth in the u.s., and there we think there's a level of cap-ex that has just been foregone because of this public policy uncertainty that, even in a semistable environment, it should rebound a bit. and that could be a big driver for...
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Dec 6, 2012
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i think the bottom line is that the president, there's wind in his sails from the election and he feels like he ought to be able to squeeze a heck of a lot out of them. and he's playing hardball. and the cost is that as you folks have noted, we definitely absolutely 100% will go into a recession if they fail. and by playing chicken like this, what the president is doing is telling people right now in december to stop their economic activity because there's this scary thing that might happen if the coin flip comes up. so i think that eat big problem right now. >> i initially read the "new york times" piece about boehner gaining some backing of the house. it's basically saying the guys that wouldn't have gone along with them before in caving are now ready to careful with them. so it's like the same article. >> i think it's 50/50 that we don't get that. i'm not exactly sure that the president doesn't think that if we question over the cliff, that he can blame that on republicans. and then try to fix it next year. but from a position of money. >> secretary geithner said they're ready to go
i think the bottom line is that the president, there's wind in his sails from the election and he feels like he ought to be able to squeeze a heck of a lot out of them. and he's playing hardball. and the cost is that as you folks have noted, we definitely absolutely 100% will go into a recession if they fail. and by playing chicken like this, what the president is doing is telling people right now in december to stop their economic activity because there's this scary thing that might happen if...
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sandy, the election, holiday workers. you say three asterisks. >> yeah, i think it has to have three asterisks, it doesn't fit in with initial claims and other items. they said sandy had no impact on the number. i think that may be because the number was basically taken before the impact was held. i think they're going to see a lot of revisions here. >> next week setting up. it's going to be another big one. same store sales from various companies and, of course, the fed. >> the fed is important. it's another one of those two-day meetings. they're going to take down operation twist. this will be important because he gets to announce at a press conference. that gives them a chance to explain what the mood of the meeting was. it will give them a chance to hear what the new proposal, qe whatever, is supposed to do and how they want to set it up. so i think the markets will hone in on that very, very carefully. >> do you think we see an acceleration of purchases, a revamp of twists? will there be an event as i said earlier? >
sandy, the election, holiday workers. you say three asterisks. >> yeah, i think it has to have three asterisks, it doesn't fit in with initial claims and other items. they said sandy had no impact on the number. i think that may be because the number was basically taken before the impact was held. i think they're going to see a lot of revisions here. >> next week setting up. it's going to be another big one. same store sales from various companies and, of course, the fed. >>...
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i doubt our elected officials would be brazen enough to leave washington without an agreement? this is my hunch. if, and that is an if we are going to see a deal, i suspect it'll come in the next two weeks. if we know anything about d.c. lawmakers, their time off may be more of a sacred cow than the belief on tax and spending. if i'm right, it's too bad that their own self-interests motivate them more. >>> before we look the a the day on wall street. and it was a quiet day. at the end of the day, we did see the markets get a good lift up about 40 points on the industrial average. nasdaq composite picked up 15 1/2 points. and the s&p tonight gain of 4.5% points, check out apple today, we did see a bit of a rebound after the big selloff yesterday. apple continues to trade higher in realtime, up 1.5% on apple at
i doubt our elected officials would be brazen enough to leave washington without an agreement? this is my hunch. if, and that is an if we are going to see a deal, i suspect it'll come in the next two weeks. if we know anything about d.c. lawmakers, their time off may be more of a sacred cow than the belief on tax and spending. if i'm right, it's too bad that their own self-interests motivate them more. >>> before we look the a the day on wall street. and it was a quiet day. at the end...
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Dec 4, 2012
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simply because the president believes his election means people voted for higher taxes for the wealthy. and the republicans believe they are off the hook because they took the grover norquist no new tax pledge. in that scenario, rising above, my pin means absolutely nothing. rise above what? the oath you gave to your voters? to these hardened partisans to rise above means rising above compromise. compromise is bad. right? i mean they think compromise is bad. they want to rise above it. they think it's a higher ground than not compromise. what's amazing to me is that when congress came up with this ridiculous cliff idea, there were legislators who believed that if these draconian changes were to become law, it would be so obvious we would be thrown into recession that it wouldn't happen. that fact was supposed to create compromise, instead, neither side seems at all fearful for recession. it's amazing how bold they are or maybe how stupid they are and to the gop, obama's re-election clearly meant nothing at all. it's almost as if neither side realizes how many people are simply just pla
simply because the president believes his election means people voted for higher taxes for the wealthy. and the republicans believe they are off the hook because they took the grover norquist no new tax pledge. in that scenario, rising above, my pin means absolutely nothing. rise above what? the oath you gave to your voters? to these hardened partisans to rise above means rising above compromise. compromise is bad. right? i mean they think compromise is bad. they want to rise above it. they...
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he's caught between the elected obama and the ufrn elected norquist crossfire. there's not a lot of room to maneuver in that space. tuesday we've got two big investor meetings. first there's dell world. dell world? i like kirby's fourth world. there's dell world. is the risk taken out of this one now? it's down so low. or does it even matter? deleveraged buyout as goldman hinted in its sell-buy research upgrade this week? second, there's a -- how many times can you tell us that monster drinks aren't any worse and may actually be better than a cup of joe from starbucks? let us count the ways that this analyst meeting slash lovefest, they will tell you that there's no better way to preserve your heart than to drink a taste of monster every morning. now, analysts will be plenty hopped up when they come out of this meeting because they'll be recommending this stock in high-speed fashion. next on wednesday we're going to get the results from joy global. here's the company that has the best read on chinese growth of all the companies i follow. in fact, joy global call
he's caught between the elected obama and the ufrn elected norquist crossfire. there's not a lot of room to maneuver in that space. tuesday we've got two big investor meetings. first there's dell world. dell world? i like kirby's fourth world. there's dell world. is the risk taken out of this one now? it's down so low. or does it even matter? deleveraged buyout as goldman hinted in its sell-buy research upgrade this week? second, there's a -- how many times can you tell us that monster drinks...
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>> you would have to elect romney to do that. you're not going to extend the bush tax cuts for the high end. >> for another minute. >> not even for a milliseconmil. >> the republicans want to bargain away and let taxes go up by the end of the year and have the big negotiations occur next year when the president will want even more increases in taxes. >> let me ask a different question and it's sort of the -- >> and then we got to go. >> here's the opportunity for the president to eclipse the whole thing, i don't think he's going to but he could eclipse the whole scene. let's not relitigate '01 and '03 let's bridge to tax reform and move forward. the senate democrats not answering their phones are the ones to ask about this one. >> congressman, thank you for being on. >>> the final countdown to the jobs report. stick around. ♪ ♪ mom? dad? guys? [ engine turns over ] [ engine revs ] ♪ he'll be fine. [ male announcer ] more people are leaving bmw, mercedes and lexus for audi than ever before. take advantage of exceptional valu
>> you would have to elect romney to do that. you're not going to extend the bush tax cuts for the high end. >> for another minute. >> not even for a milliseconmil. >> the republicans want to bargain away and let taxes go up by the end of the year and have the big negotiations occur next year when the president will want even more increases in taxes. >> let me ask a different question and it's sort of the -- >> and then we got to go. >> here's the...
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tell me what you want for us to do but i don't like the idea that i was elected and my election certificate is as valid as anybody else's here not to have a say in this. i'd say to my colleagues, lets us, the people's house, take back control of this argument, come together and put something forward. >> you and others have signed on to a so-called discharge petition that would cause the house of representatives to take a vote on the bill passed in the senate some time ago that would extend the so-called bush era tax cuts for people earning less than $250,000. it requires 218 signatures. that means you've got to get some republicans to sign on. do you have any indication that any people will break from speaker boehner and sign your petition? >> i think so. i know one for example, my friend walter jones down in north carolina, said that he's open to it. i think i need 41 people now. we've got 177. i need 41 people to come forward and i think what's really interesting about this is, republicans aren't violating any pledge on this. they are assuring taxes don't go up. i see no reason why we can
tell me what you want for us to do but i don't like the idea that i was elected and my election certificate is as valid as anybody else's here not to have a say in this. i'd say to my colleagues, lets us, the people's house, take back control of this argument, come together and put something forward. >> you and others have signed on to a so-called discharge petition that would cause the house of representatives to take a vote on the bill passed in the senate some time ago that would...
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i think businesses are holding back partly because of the election, which is now passed obviously. and the fiscal cliff. i still believe that we're going to end up kicking the can down the road. i think there's lots of pent-up demand in the economy so we're not going to go into a recession. in fact, i think next year we could see some acceleration. one of the key ways to see this is just to look at auto sales for november. they surged to 15.5 million. every time we have a dip in demand because of sandy or something else, we come back. this economy is super resilient and i think we'll be able to go over the cliff or go through the cliff without having a recession. >> i hope you're right. my concern is that you are absolutely wrong. actually the economy is slowing to stall speed and markets could correct badly on the news moving forward. we learned this week that manufacturing contracted in november for the first time in three months. we had analysts on the program talking about the channel checks indicating softness for a second month and today goldman has downgraded growth in the f
i think businesses are holding back partly because of the election, which is now passed obviously. and the fiscal cliff. i still believe that we're going to end up kicking the can down the road. i think there's lots of pent-up demand in the economy so we're not going to go into a recession. in fact, i think next year we could see some acceleration. one of the key ways to see this is just to look at auto sales for november. they surged to 15.5 million. every time we have a dip in demand because...
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i think we still need to get through the election or the post election haze. i would say that -- to everybody, listen, we're no longer running for office here. this is about getting back down to brass tacks and figuring out how to solve it. >> which side is not campaigning anymore? >> you've got to listen to who's not talking. i think that's -- in washington, it's always who's not talking. >> we haven't really heard much from senate leadership. >> so that's where our deal gets carved out? >> well, when you start to hear some things from the senate leadership, then you'll know we're getting close to getting something done. and right now they're sending out minions and talking about things that i think are really, you know, staking out claims so they can say they've done that for their constituencies. but it's time right now for the moderates on both sides to step up. for those that are not necessarily at risk of losing elections in the near term to step up and say, listen, just like the leaders said earlier in the program. this is a math problem. it's really no
i think we still need to get through the election or the post election haze. i would say that -- to everybody, listen, we're no longer running for office here. this is about getting back down to brass tacks and figuring out how to solve it. >> which side is not campaigning anymore? >> you've got to listen to who's not talking. i think that's -- in washington, it's always who's not talking. >> we haven't really heard much from senate leadership. >> so that's where our...
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ever since obama won the election, we are now in deal mode. i have to tell you, we're going to have a stellar year. it's going to be at a price. the price is going to be -- january is probably going to be much worse than predicted. february, march, et cetera. we're borrowing for the future, yet again. >> that's a really good point. is this just a short-term thing? next year in 2013, once we see cap gains taxes go much higher, which they probably will, do things slow down again? >> oh, yeah. i think it will slow down again. i think people will hunker down, particularly are the whole fiscal cliff story hanging. even if it goes over, which i predict it will -- >> so do i. >> diana, what are you seeing? >> in the high ends where dolly works, of course it's going to have a big effect. let's keep this in perspective when we look at the housing recovery. homes price ed over $1 million were just 1.7% of sales in october. this is a minuscule amount when you look at the overall housing market and the recovery. that's why we're not seeing prices come dow
ever since obama won the election, we are now in deal mode. i have to tell you, we're going to have a stellar year. it's going to be at a price. the price is going to be -- january is probably going to be much worse than predicted. february, march, et cetera. we're borrowing for the future, yet again. >> that's a really good point. is this just a short-term thing? next year in 2013, once we see cap gains taxes go much higher, which they probably will, do things slow down again? >>...
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the white house is also expected to ask for more money. >>> and just one month after the election, mitt romney is returning to the business world. the former republican presidential nominee rejoined the board of the u.s. hotel company marriott international. romney served on the marriott board for over a decade stepping down in 2002 before becoming governor of massachusetts and again in 2011 when he launched his second presidential bid. the romney and marriott families have been close friends for generations. romney even named jay, willard marriott, the founder of the company. >>> and returning to health news now. you'll be interested in this. bifrpg eating disorders is being redefined as a mental illness. for the first time in over a decade, the american psychiatric association is updating the manual which is widely accepted as a most important book in the field of mental illness. the new label is expected to create a new market for professionals to treat the condition and apply for insurance reimbursement. they say it's too difficult to distinguish whether someone is overeating becaus
the white house is also expected to ask for more money. >>> and just one month after the election, mitt romney is returning to the business world. the former republican presidential nominee rejoined the board of the u.s. hotel company marriott international. romney served on the marriott board for over a decade stepping down in 2002 before becoming governor of massachusetts and again in 2011 when he launched his second presidential bid. the romney and marriott families have been close...
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the storm and the election. staying with clothing, vera bradley -- well, handbags. those shares also tanking and they are blaming sandy as well but also noted their holiday season is off to a slow start. jeffri jeffries raising the tart fro tm $22 to $20. not all bad news. finisar, higher demand for tranceivers. what else? the stock down 17% year to date. finally, zynga. take a look at shares. they are up nearly 7% because they filed for a gambling license. that is right. the virtual game company wants to become a real poker company. let's bring in julia boorstin with more on this zynga story. seems like if they get it, a completely transformative thing. >> it would be transformative and zynga's definitely pushing forward with its plans to eventually make money from online gambling but the key thing here is that this is really a ways off. the stock soared as much as 9% higher this morning after it came out that zynga applied for real money gaming license in nevada which the company says will take as much as 18 months to get approved. but we have to remember that onl
the storm and the election. staying with clothing, vera bradley -- well, handbags. those shares also tanking and they are blaming sandy as well but also noted their holiday season is off to a slow start. jeffri jeffries raising the tart fro tm $22 to $20. not all bad news. finisar, higher demand for tranceivers. what else? the stock down 17% year to date. finally, zynga. take a look at shares. they are up nearly 7% because they filed for a gambling license. that is right. the virtual game...
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Dec 3, 2012
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he's had ever since september of 2011 when the grand bargain talks broke out -- broke down and post-election he's made clear this is going to remain an element of his strategy, is campaigning with the public. he made that trip to pennsylvania last week. he's trying to use the public, which polls show agrees with him on some of the key questions like top rate, to put pressure on the congress to move. we'll see how effective that can be. certainly it hasn't been effecti effective heretofore but it is possible it could and the president believes having won the election he's on the high side. >> 2:00 on twitter. john, thanks very much. >>> one of the overhangs for the fiscal cliff for investors is what will happen on dividend tax rates. more and more corporations aren't waiting to find out exactly what happens with more than $22.5 billion worth of special difficult sends having been announced from 98 companies in the fourth quarter so far. today, hca, dish network, cato joining the list. jim iuorio is a cnbc contributor. >> i've been looking at this from every ang toll fiangle to find a tradable
he's had ever since september of 2011 when the grand bargain talks broke out -- broke down and post-election he's made clear this is going to remain an element of his strategy, is campaigning with the public. he made that trip to pennsylvania last week. he's trying to use the public, which polls show agrees with him on some of the key questions like top rate, to put pressure on the congress to move. we'll see how effective that can be. certainly it hasn't been effecti effective heretofore but...
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they have an election every two years and they got elected again and they've got constituents that sent them there for a reason. and then you've got the president would is just -- you know, just being hammered by the left on not caving this time around because he got so much grief the last time. this is setting up for us to go over the cliff, isn't it? what do you think? do we go over it or not? >> yeah, it is very difficult. and i feel bad for john boehner. he's in a difficult situation. i did want to remind john that he should look at the young, newer members that are so difficult to persuade to make an easy deal compromise. and remember, it wasn't too many years ago, john, that was you and me and we were driving bob michael and president bush nuts when the democrats were offering them, give us the tax increases now, we'll give you the spending cuts later and we were saying, oh, no, they'll never keep their word on the spending cuts. they'll tax the tax increases. quite frankly, the speaker has a difficult role to play here. he's seen by so many people as the principal guardian of our
they have an election every two years and they got elected again and they've got constituents that sent them there for a reason. and then you've got the president would is just -- you know, just being hammered by the left on not caving this time around because he got so much grief the last time. this is setting up for us to go over the cliff, isn't it? what do you think? do we go over it or not? >> yeah, it is very difficult. and i feel bad for john boehner. he's in a difficult situation....
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i respectfully disagree that the only democrats got elected in the past election. there was still a majority in the house of representatives republican that would return to office they ought not take ownership of something that will reduce jobs and growth. they ought not to do that or they'll be responsible for what happens in the next four years. let the democrats have their tax increases and you'll see what happens. >> as you speak, we have a fiscal cliff countdown clock right beneath you, 27 days and 12 hours. gentlemen, appreciate your time. thanks so much. >> thank you. governors gilmore and davis. >>> let's get to brian sullivan with the market flash. brian? >>> perhaps not happy here, carl, pby is falling today. they swupg to a third quarter loss. you can see the stock is down 13%, $6.8 million loss, basically 13 cents per adjusted share of a loss. wall street was expecting a prof profit. sales fell 2.4% quarter over quarter. of course the whole autoparts phase with a lot of action around this name, pby has been stuck in an $8 to $12 range for the better par
i respectfully disagree that the only democrats got elected in the past election. there was still a majority in the house of representatives republican that would return to office they ought not take ownership of something that will reduce jobs and growth. they ought not to do that or they'll be responsible for what happens in the next four years. let the democrats have their tax increases and you'll see what happens. >> as you speak, we have a fiscal cliff countdown clock right beneath...
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i'm wondering whether it's democrats or liberals are over reading the election? i think it's safe to say there's a fair organization, -- fair argument, that raising taxes on the rich was a conseqnce of the election. all the other stuff is a leap. >> there's -- >> as far as what you leverage f. winning by a couple points does not turn into a mandate that everybody's behavior in how they cnsume energy sign up for changing that, increased energy prices, vehicles you can drive, that the behavior changes they need in theory of the causes of things. no one signed up for that because they -- few people signed up for that, a real lifestyle change which would be measurle, financially, and in your behavior, dramatic, very people, i think, vote for that, if that was something they had to do. i don't think we'll get anything serious like that because thers not a mandate for that. >> i mean, one of the things interesting about the speech, and i realize you were not able to watch it, and i understand why. neil: harvard people listen to that. >> the comments were incendiary to
i'm wondering whether it's democrats or liberals are over reading the election? i think it's safe to say there's a fair organization, -- fair argument, that raising taxes on the rich was a conseqnce of the election. all the other stuff is a leap. >> there's -- >> as far as what you leverage f. winning by a couple points does not turn into a mandate that everybody's behavior in how they cnsume energy sign up for changing that, increased energy prices, vehicles you can drive, that the...
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campaigned and won on a platform of higher taxes for the wealthy and the republicans say they were elected because they pledged to behind the scenes power broker grover norquist they would never raise taxes, it certainly seems that the impasse cannot be solved and we got to -- go over the cliff. not only do the hard liners refuse to rise above partisanship in order to avoid a government man-dated recession, which is what it's amounted to doing, but we can't even get them to promise no vacation without legislation! >> boo! >> they not only seem mean-spirited, petty, reckless, and angry down there in washington, they're also slothful. have you ever been able to say to your boss, walk in, you know, hey, man i know i've got a huge project due, one that could bring down the whole company, but darn it all, hey, see you later, sport, i'm taking a vacation. i'm out of here! not only do i advocate no vacation without legislation, i want to know, a new one for you. a litmus test. i want to know which of these bitter politicians have tickets in their pockets to fly out of washington next week. i'm no
campaigned and won on a platform of higher taxes for the wealthy and the republicans say they were elected because they pledged to behind the scenes power broker grover norquist they would never raise taxes, it certainly seems that the impasse cannot be solved and we got to -- go over the cliff. not only do the hard liners refuse to rise above partisanship in order to avoid a government man-dated recession, which is what it's amounted to doing, but we can't even get them to promise no vacation...
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were involved in the election. the tea partiers and outsiders -- i would remind john boehner that there was a time when he was the outsider that was an annoyance to the party leadership. i understand the speaker being annoyed when he has people within his caucus that are committed to a set of principles that they make it hard for him to make easy deals. but i would also remind him that people are not going to forsake their principles for something that is as insignificant and their life as a committee assignment remark that is right. >> if he thinks this is a party discipline, he is sadly mistaken. he often knows that from his own experience as a younger time in his service in congress. charles: representative, it has been set from the beginning that the tea party not only poses an incredible threat to the senate democrats, but to establish republicans. now, representative john boehner opportunity to mitigate what they have in washington. >> well, i think what he is doing is looking at -- he is missing the point. t
were involved in the election. the tea partiers and outsiders -- i would remind john boehner that there was a time when he was the outsider that was an annoyance to the party leadership. i understand the speaker being annoyed when he has people within his caucus that are committed to a set of principles that they make it hard for him to make easy deals. but i would also remind him that people are not going to forsake their principles for something that is as insignificant and their life as a...
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Dec 4, 2012
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. >> i was so hopeful, i wasn't obviously thrilled with the election results, but i actually thought that result might be the result we needed to get thefshs done. >> in a way you you have the situation where -- >> you extend 98 but not the 2? believing that story is so -- >> either raise them on everyone or raise them on -- either it will hurt the economy if you raise taxes or it's not. on 98 it won't hurt, on 2 it will -- >> we'll have more on this argument. in the meantime, let's talk about some of the other headlines. financial firms are gathering for the goldman sachs financial services contractors. a key presenter is brian money tha moynihan. we talked about his reports of planned fee increases. plus there was the issue of president obama's likely pick to follow tim geithner at treasury. we talked about how buffett threw out jamie dimon's name. here is what moynihan thinks about that idea. >> i won't give individual names, but i think what warren is expressing a view which i agree with is that we need to have very bright, very talented and very broad experienced people help pus
. >> i was so hopeful, i wasn't obviously thrilled with the election results, but i actually thought that result might be the result we needed to get thefshs done. >> in a way you you have the situation where -- >> you extend 98 but not the 2? believing that story is so -- >> either raise them on everyone or raise them on -- either it will hurt the economy if you raise taxes or it's not. on 98 it won't hurt, on 2 it will -- >> we'll have more on this argument. in...
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Dec 2, 2012
12/12
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so we elected to stay. but the wind came and blew the door jambb open and then the flood water came in. it came up as high as the fourth steep to our second floor. so much, i had three sets of china from my mother-in-law and my mom and llardo and waterford and so many procious things that are gone, gone . never to be able to have again and it is it devastating to my family, to all of us. even extended family members that have been, they just don't know what to do to help us. they don't know what to do. >> you experienced so much loss and it is it only five weeks. thankful you are here. we'll have another segment and talk to john as well he did not just lose his home, he lost his restaurant, too. we'll hear his ♪ all right thanks and welcome back to huckabee. john, you lost your home and restaurant. where do thingings stand now fur . where do you go from here? >> we'll attempt to rebuild the restaurant if that is possible. the home that is gone. i can't think about that. i got stow many issues going on, i
so we elected to stay. but the wind came and blew the door jambb open and then the flood water came in. it came up as high as the fourth steep to our second floor. so much, i had three sets of china from my mother-in-law and my mom and llardo and waterford and so many procious things that are gone, gone . never to be able to have again and it is it devastating to my family, to all of us. even extended family members that have been, they just don't know what to do to help us. they don't know...
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Dec 3, 2012
12/12
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so we elected to stay. but the wind came and blew the door jambb open and then the flood water came in. it came up as high as the fourth steep to our second floor. so much, i had three sets of china from my mother-in-law and my mom and llardo and waterford and so many procious things that are gone, gone . never to be able to have again and it is it devastating to my family, to all of us. even extended family members that have been, they just don't know what to do to help us. they don't know what to do. >> you experienced so much loss and it is it only five weeks. thankful you are here. we'll have another segment and talk to john as well he did not just lose his home, he lost his restaurant, too. [ female announcer ] if you care for seone with mild to moderate alzheimer's, you'll also care about our new offer. you get access to nurses who can help with your quesons. and your loved one can ge exelon patch free for 30 days. if the doctor feels it's right for them. it cannochange how the diase progresses. hospi
so we elected to stay. but the wind came and blew the door jambb open and then the flood water came in. it came up as high as the fourth steep to our second floor. so much, i had three sets of china from my mother-in-law and my mom and llardo and waterford and so many procious things that are gone, gone . never to be able to have again and it is it devastating to my family, to all of us. even extended family members that have been, they just don't know what to do to help us. they don't know...
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Dec 4, 2012
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. >>> mitt romney may not have gotten the job he wanted when he lost the presidential election, but he's going back to work. romney will rejoin the board of marriott international. he's held the same position with the hotel chain twice before. romney's namesake is the company's founder john willard marriott. romney's first name is willard. his father and marriott were close friends. >>> and fannie mae and freddie mac will take a holiday break from foreclosing on homes. they will suspend evictions in the days leading up to christmas and will resume the process on january 2nd. jp morgan chase and citigroup have also announced a moratorium on evictions during the holidays. hopefully it will relieve a little stress for some people there. >> really good news. ashley, good to see you. thank you so much. >>> in sports, a showdown in d.c. and rg3 makes it happen against the giants. that's robert griffin iii. here's the rookie qb in the first. he loses the ball and it pops right into the hands of josh morgan who races in for the score. in the fourth, down by six, rg3 hits pierre garcon for the sc
. >>> mitt romney may not have gotten the job he wanted when he lost the presidential election, but he's going back to work. romney will rejoin the board of marriott international. he's held the same position with the hotel chain twice before. romney's namesake is the company's founder john willard marriott. romney's first name is willard. his father and marriott were close friends. >>> and fannie mae and freddie mac will take a holiday break from foreclosing on homes. they...
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Dec 3, 2012
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doing precisely that. >> got through the election on social issues. on the economy, i think it's pretty clear that nobody voted for four more years of the current economy. four more years to get his house in order and he's not going to get his house in order using the red herring of taxes when it's entitlemen entitlements. it just isn't going to work, simon. >> i get it. i'm just pointing out -- >> you know what, let's take jobless claims. >> i get it. >> over the last three days, jobless claims to sustain that renewal again which i think is a bad idea, that's 30 to $35 billion a year. i heard many democrats say that's a small amount, why shouldn't we do that? that's about halfway to the total amount they're talking about taxes. but whent's that, it's small. but when it's the 70 to $80 billion am toortized over ten years, all of a sudden it's big. i'm not saying don't raise taxes. if i signed the pledge, i would do it for good reasons. i haven't seen a good reason. i haven't seen a plan that promotes the big guy in the room. >> see you in the next hou
doing precisely that. >> got through the election on social issues. on the economy, i think it's pretty clear that nobody voted for four more years of the current economy. four more years to get his house in order and he's not going to get his house in order using the red herring of taxes when it's entitlemen entitlements. it just isn't going to work, simon. >> i get it. i'm just pointing out -- >> you know what, let's take jobless claims. >> i get it. >> over the...
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Dec 4, 2012
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he was somewhat -- he was somewhat accommodating right after the re-election. he's become harder line. i agree with that point. doug, you know the numbers. once again, i ask you, does boehner's idea of capping upper end deductions work to raise revenues, heaven forbid without damaging the middle class? does it work? >> yes, absolutely it works, and, you know, it's important to recognize we have two different problems. problem number one is the fiscal cliff and threat of recession. raising any more taxes doesn't make any sense. this is politics trumping economic sense. second problem is fixing the debt and there's this debate about how much revenue, how much spending. balance means heavy on spending lighter on taxes and bowles-simpson told us the route to do that is tax reform. >> much more fun by the way to have 4% or 5% growth than to equitable about 1% or 2% growth. thank you gentlemen. we appreciate it. now to another controversy. are minorities especially latinos a lost cause for republicans and conservative principles? i say no, but our next guest star par
he was somewhat -- he was somewhat accommodating right after the re-election. he's become harder line. i agree with that point. doug, you know the numbers. once again, i ask you, does boehner's idea of capping upper end deductions work to raise revenues, heaven forbid without damaging the middle class? does it work? >> yes, absolutely it works, and, you know, it's important to recognize we have two different problems. problem number one is the fiscal cliff and threat of recession. raising...
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Dec 4, 2012
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in italy, you do have elections coming up. there's a chance getting a higher share than people anticipate. but even then, the financial forces are going to force any government that comes into power to more or less stick to the plan morsi set out. on the other hand, there's always spain, the worries that with 25% unemployment, that you would see the default rate particularly on residential mortgages shoot up, it's 3% now, which is pretty amazing given the struggles within the economy, but we think it will go up somewhat, but really not any more than people have already priced in. >> and then ten year yields, 5.24%. at the moment, relatively speaking, pretty comfortable. >> maybe a little bit too comfortable and we certainly don't want to get complace complacent.yields are where they were say in march of this year and then subsequently they shot up to 7.5%. we know with the draghi put that that won't happen, but we don't want to think that there is only one way -- >> yesterday said, look, sort of the idea of the risk on phrase,
in italy, you do have elections coming up. there's a chance getting a higher share than people anticipate. but even then, the financial forces are going to force any government that comes into power to more or less stick to the plan morsi set out. on the other hand, there's always spain, the worries that with 25% unemployment, that you would see the default rate particularly on residential mortgages shoot up, it's 3% now, which is pretty amazing given the struggles within the economy, but we...
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Dec 6, 2012
12/12
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WBAL
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she and other elected officials are pressing fema to reverse course. the state has 30 days to file an appeal. the directors seemed open to giving another look. >> sometimes i struggle with when we say now. it is never easy. it does not mean we are not going to work with the governor and mean it -- see what we can do. >> they will still provide funding to the state that can be used to prepare public structures such as roads and buildings because of the disaster declaration in november. in the wake of superstars sandy, the national hurricane center is expanding its definition of a hurricane in response to criticism for not issuing actual hurricane warnings during sandy north of north carolina. the storm was technically a post-tropical cyclone. under the new criteria, a warning can remain is dangerously high water and wind levels continue, even if the wind drops below hurricane force. there was a silver lining -- no hurricane deductibles for insurance claims filed after the storm, which is 5% of the value of the storm damage. a possible savings of thousan
she and other elected officials are pressing fema to reverse course. the state has 30 days to file an appeal. the directors seemed open to giving another look. >> sometimes i struggle with when we say now. it is never easy. it does not mean we are not going to work with the governor and mean it -- see what we can do. >> they will still provide funding to the state that can be used to prepare public structures such as roads and buildings because of the disaster declaration in...
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folks, we've been so wrapped up here in this country with our election, our fiscal cliff, our inattention to events in egypt and syria that we forget there are important international stories that deserve our focus. and then there's this one. >> yes, exciting the british royalty is expanding am will and kate with preggers. >> see that, it's a royal baby bump, what a joy to be here on this day of celebration. >> there's the picture on the times, we're expecting. and then i love this one, kate's expectations. (applause) >> jon: not bad. kind of obvious, i mean if you want to go with pregnancy puns based on british literature. why not macbirth or why limit yourself to english literature y not madam's ovaris. (laughter) the prince and the hopper. portrait of the fetus as a young man. wait, wait! perhaps dickens was best, a tale of sore titties. (laughter) (applause) >> it was the best of-- the breast of times what an erudite crowd. titties. >> come on, it's just a babbee. you can't tell me british people actually give a crap about this stuff. >> i just come and it's really exciting because--
folks, we've been so wrapped up here in this country with our election, our fiscal cliff, our inattention to events in egypt and syria that we forget there are important international stories that deserve our focus. and then there's this one. >> yes, exciting the british royalty is expanding am will and kate with preggers. >> see that, it's a royal baby bump, what a joy to be here on this day of celebration. >> there's the picture on the times, we're expecting. and then i love...
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Dec 6, 2012
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media reports suggesting opposition party could win a solid majority the next election. so what is the -- on the yen side of that trade, what are you forecasting? >> the market is aware of that and the opposition party if they do win, they could pressure the boj to try to do more in qe and that would tend to weaken the yen. so the yen is a carry trade back into play over the last one month and shorts have increased significantly over the last one month. so i think that as well as the better macro story in asia has led to quite a few carry trades against the yen and the yuan being one where it has outperformed the yen significantly over the past two, three months. >> south korea sort of dumping a lot of the currency in november, trying to slow the rally. are they going to be anymore successful than they have been? >> it's a mixture of that as well as attempts to reduce speculative lays on the forward so they have for example reduce d the cap on swaps outstanding. but i think players are a mixture of real players and if you do believe that the global economy is on a better
media reports suggesting opposition party could win a solid majority the next election. so what is the -- on the yen side of that trade, what are you forecasting? >> the market is aware of that and the opposition party if they do win, they could pressure the boj to try to do more in qe and that would tend to weaken the yen. so the yen is a carry trade back into play over the last one month and shorts have increased significantly over the last one month. so i think that as well as the...
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they see this as numbers, they understand the impact of the election. they get that, and i think that's why they're willing to deal. >> all of this will be front and center on "meet the press." who do you have coming up? >> senator dick durbin and representative kevin mccarthy, hopefully we'll get a clearer picture beyond what we're hearing publicly. thank you. >>> this flu season could be one of the worst in nearly a decade. five children have died from flu so far this year. our chief science correspondence robert bazel has the story. >> reporter: with the season starting early, children's hospital in memphis is feeling the first wave. >> we've seen more than 200 cases of flu in the hospital this week and we're admitting eight to ten kids a day. we expect it to accelerate, to get worse before it gets better in the next few weeks. >> reporter: schoolchildren are not only vulnerable, they play a big role in spreading the flu. >> when you have all those kids getting together, they tend to pass the virus back and forth, they all get sick in the school and
they see this as numbers, they understand the impact of the election. they get that, and i think that's why they're willing to deal. >> all of this will be front and center on "meet the press." who do you have coming up? >> senator dick durbin and representative kevin mccarthy, hopefully we'll get a clearer picture beyond what we're hearing publicly. thank you. >>> this flu season could be one of the worst in nearly a decade. five children have died from flu so...
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Dec 8, 2012
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if they're desperate election in 2009 we would not have to worry about iran today. we wouldn't have to worry about the new. i suggest you that the jousting ethic of the democratic process will give you a better chance of evolution than using under to get a ship that we might not have to wait that long to see that evolution happened. >> but there wasn't a free election. >> there was, but even not having a free election you have enormous evolution occur amongst people who were at one time diehard revolutionaries. i suggest that evolution will be greater under a democratic system where you just have as much voting as you have in iran. >> we have to leave it here. please give a round of applause to our panelists. [applause] >> i think writers institute is something that's very important within the culture. we borrow a culture of words -- we are a culture of words, of voices. words are our imagination, our capacity to envision things. we ourselves do not completely tied to print on the page. but i think that there's no other art form so readily accessible other than perh
if they're desperate election in 2009 we would not have to worry about iran today. we wouldn't have to worry about the new. i suggest you that the jousting ethic of the democratic process will give you a better chance of evolution than using under to get a ship that we might not have to wait that long to see that evolution happened. >> but there wasn't a free election. >> there was, but even not having a free election you have enormous evolution occur amongst people who were at one...
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Dec 3, 2012
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i think there is still a widespread belief following the german elections that debt burden is going down in the official sector, just a matter of how much. >> gina sanchez, this is live tv of course. good to have you back up and running. we have climbed the wall of worry many, many times. quite often when we climb that wall of worry we miss out on gains. is there something different this time around? are the worries justified or are we going to miss out? >> well, generally our view is that we're going to get to the end of the fiscal cliff with a resolution but that it is going to be turbulent up until that point. and so we're probably going to climb a wall of worry there. i think the issue on europe though is one that we basically -- i agree with brian, we've put europe to the back burner and probably some time at the second half of next year it is going to crop back up as an issue. but you could see, for example, the sort of classic january bounce or we think actually fiscal cliff could be pushed into january by the time they actually finally get a resolution. kicking the can may be a c
i think there is still a widespread belief following the german elections that debt burden is going down in the official sector, just a matter of how much. >> gina sanchez, this is live tv of course. good to have you back up and running. we have climbed the wall of worry many, many times. quite often when we climb that wall of worry we miss out on gains. is there something different this time around? are the worries justified or are we going to miss out? >> well, generally our view...
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Dec 6, 2012
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editors speculate this is likely because of debates around the presidential election. also on the list were mularkey which join said in his president -- joe biden said in his presidential debate. you can find the full list on abc2news.com. >>> we ought to do the same thing for weather words. derecho is at the top of my list. >> back in june. but nothing like that for today guys. we're going to be nice and quiet. it's going to be calm out there. so we will be able to take a breath. we can see on maryland's most powerful radar is dry right now. we have all the sweeps on, we are scanning the skies this morning. we are working for you. and we are going to stay dry with lots of sunshine in the forecast as we head throughout the day. if you are driving to the airport this morning, well i have that customized forecast for you. look at it temperature coming in at 31 degrees. it's cold this morning. make sure you bundled up and you dress in layers. you're going to want to keep the layers on throughout the day today. the dew point very dry with the northwesterly flow rather and
editors speculate this is likely because of debates around the presidential election. also on the list were mularkey which join said in his president -- joe biden said in his presidential debate. you can find the full list on abc2news.com. >>> we ought to do the same thing for weather words. derecho is at the top of my list. >> back in june. but nothing like that for today guys. we're going to be nice and quiet. it's going to be calm out there. so we will be able to take a...
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>> well, i think when we get st it is when we make sure that the elected officials know that the people they need are not the big public employee union leaders who constantly try to flex their muscle or the big corporation leaders. it is the people who sent them to represent them. and we get past this when elected officials sit down and start listening to the people who work in schools, the kids come in the other people in their district. they are just not doingthat. as a result, there is no question why we are seeing small business suffer and why we are, again, for the second year in a row, the sme of the country where he should be. >> earlier this week about the california -- real estate seem to be percolating, things were coming together. is that not so? >> it's not so. we represent around 20,000 members of small business here. 350,000 nationwide. across the nation, but the best content especially here in california. no hope or certainty. that optimism continues to plummet. so we are finding the mom-and-pop stores -- especially during the holiday season -- with a lack of will. it's a
>> well, i think when we get st it is when we make sure that the elected officials know that the people they need are not the big public employee union leaders who constantly try to flex their muscle or the big corporation leaders. it is the people who sent them to represent them. and we get past this when elected officials sit down and start listening to the people who work in schools, the kids come in the other people in their district. they are just not doingthat. as a result, there is...